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Romanias Business Environment


Description: Recently named by the World Bank as a top reformer, Romania has made significant administrative and legal reforms leading up to and since EU accession. Romania's Business Environment looks at the environment for foreign investment and the mechanics of business engagement with Romania. It provides an objective assessment of the economic and business climate and a clear explanation of the legal and regulatory framework, commercial laws, banking, finance, accounting, taxation and business practices. This guides offers invaluable advice to foreign investors and companies wishing to develop business in this region.

Contributors:

- Deloitte Romania
- Nestor Nestor Diculescu Kingston Petersen
- Raiffeisen Bank


Contents: Adam Jolly and Alica Henson, Consultant Editors

Foreword by Dr Ion Jinga, Ambassador of Romania to the United Kingdom

About the Contributors

Introduction

PART 1: BACKGROUND TO THE MARKET
1.1 Political Background
1.2 Economic Background
1.3 Macroeconomic Outlook
1.4 Business Environment

PART 2: LEGAL & REGULATORY FRAMEWORK
2.1 Administrative Barriers to Entry
2.2 Business Structures
2.3 Corporate Governance
2.4 Agency & Distribution
2.5 Employment Law
2.6 Foreign Investment Protection
2.7 Insolvency & Bankruptcy
2.8 Dispute Resolution
2.9 Financial Services Law
2.10 Money Laundering Law
2.11 Competition Law
2.12 Import and Export Licensing
2.13 Privatization Law
2.14 Property and Real Estate Law
2.15 Intellectual Property Law
2.16 Insurance Law
2.17 Environmental Law
2.18 Natural Resources Law

PART 3: FINANCE ISSUES
3.1 Direct Taxation of Corporations
3.2 Indirect Corporation Taxes and Foreign Exchange Issues
3.3 Income Tax and Social Contributions
3.4 Accounting and Audit
3.5 Banking Sector

Appendix

Index




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